Caesars Entertainment (CZR) IPO Prices at $9, Middle of Range

February 8, 2012 8:58 AM EST Send to a Friend
Caesars Entertainment Corporation (Nasdaq: CZR) priced its initial public offering of 1,811,313 shares of its common stock was priced at $9, the middle of the expected $9-$10 range. Shares are expected to open on the NASDAQ at 10:40AM ET today under the symbol "CZR."

Credit Suisse and Citigroup are acting as joint book-running managers and representatives for the offering, BofA Merrill Lynch and Deutsche Bank Securities are acting as joint book-running managers for the offering and KeyBanc Capital Markets, Lebenthal & Co., LLC, and Ramirez & Co.,Inc. are acting as co-managers for the offering.

Caesars Entertainment Corporation is the world's most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. The company's resorts operate primarily under the Caesars®, Harrah's® and Horseshoe® brand names. Caesars also owns the World Series of Poker® and the London Clubs International family of casinos.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

IPOs

Related Entities

Credit Suisse, Deutsche Bank, Citi, KeyBanc, Merrill Lynch, Bank of America

Add Your Comment